Strategic and ADSB sign MOU on aluminum vessels

FEBRUARY 2, 2017 — Triyards Group subsidiary Strategic Marine, a leading specialist shipbuilding, fabrication and engineering company, has teamed up with Abu Dhabi Ship Building PJSC (ADSB) to develop the Middle East’s

Lake Assault to build 43 boats for San Antonio River Walk

FEBRUARY 1, 2017 — Superior, WI, based Lake Assault Boats is to build a fleet of 43 river barge boats for the City of San Antonio, TX. The contract value is $6.5

Drewry: Chemical tanker oversupply to continue

FEBRUARY 1, 2017 — Chemical shipping vessel supply on major routes has been in surplus with many newbuilding deliveries from shipbuilders and swing tankers flooding the market. As a result, freight rates

Total and CMA CGM get set for stricter fuel regulations

FEBRUARY 1, 2017 — Preparing for ever stricter marine fuel regulations, Marseille, France, headquartered CMA CGM has signed a three year memorandum of understanding with Total, the world’s fourth-ranked international oil and

Kobe Diesel to acquire MHI-MME marine diesel business

EBRUARY 1, 2017 — Long-time UE engine licensee Kobe Diesel is to acquire the marine diesel business of Mitsubishi Heavy Industries, Ltd. (MHI) and its wholly owned subsidiary Mitsubishi Heavy Industries Marine

Senate confirms Elaine Chao nomination

JANUARY 31, 2017 — The U.S. Senate confirmed by a 93-6 vote Elaine Chao’s nomination to be transportation secretary in the Trump administration. Secretary Chao’s nomination was broadly welcomed by the U.S.

Damen to deliver new design aquaculture Utility Vessel

JANUARY 31, 2017 — Norway’s Volt Service AS, a subsidiary of Remøy Ship Management, has signed a contract with Damen Shipyards Group for a UV 4312 utility vessel to be delivered in

Republican designated Acting Chairman of FMC

JANUARY 31, 2017 — In a reshuffle at the Federal Maritime Commission, Michael A. Khouri of Kentucky was designated Acting Chairman of the Commission on January 23, 2017 by President Trump. Acting

Canadian phosphate miner talks ship sharing with Rio Tinto

JANUARY 30, 2017 — Canada’s Arianne Phosphate, which is developing the Lac à Paul phosphate deposits located approximately 200 km north of the Saguenay/Lac St. Jean area of Quebec, has signing of

Toisa files for Chapter 11 bankruptcy

JANUARY 30, 2017 — Toisa Limited and 23 of its affiliated vessel-owning companies announced today that it has filed voluntary petitions for reorganization under Chapter 11 of the Bankruptcy Code in the

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